Bank Account Opening Support
Assistance with opening a Malaysian bank account. We guide you through the process and required documentation.
Service Overview
A local bank account is essential for life in Malaysia. Having a bank account makes daily life smoother for tuition payments, living expense management, and automatic rent deductions. Our company provides accompaniment support for account opening at major banks, with Japanese-language assistance from document preparation to account opening.
Benefits of Opening an Account
- Tuition Payment: Smooth tuition transfers to schools
- Rent Payment: Automatic rent deduction setup possible
- ATM Usage: Cash withdrawal at ATMs throughout Malaysia
- Debit Card: Convenient shopping with Visa debit card
- Exchange Fee Reduction: Receive transfers from Japan and manage in Ringgit
Recommended Banks
1. Maybank
- Malaysia’s largest bank
- Most branches and ATMs
- Comprehensive services for foreigners
2. CIMB Bank
- Major bank with high reliability
- User-friendly online banking
- Japanese support available (some branches)
3. Public Bank
- Extensive track record in foreign account opening
- Relatively high fixed deposit interest rates
- Services for MM2H holders
Required Documents
- Passport (original)
- Copy of visa (Student Pass / Guardian Pass / MM2H)
- Enrollment acceptance letter from school (for students)
- Address verification (rental agreement, utility bill, etc.)
- Initial deposit (approximately RM500-1,000)
Account Opening Process
- Bank Selection: We recommend the best bank for your needs
- Reservation: Book the bank’s foreign customer counter
- Accompaniment Support: Accompany you to the bank counter with interpretation support
- Application Form: Support for filling out English application forms
- Account Opening Complete: Cash card and debit card usually mailed within 1-2 weeks
Online Banking Setup
After account opening, we also support online banking setup. You can easily check balances, make transfers, and pay utility bills using the smartphone app.
Important Notes
A valid visa in Malaysia (Student Pass, Guardian Pass, MM2H, etc.) is required for account opening. Additionally, a Malaysian address (rental agreement, etc.) is required, so the procedure should be done after housing contract completion.